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The Dollar Business Bureau The Indian government will constitute a carpet export panel consisting of textile experts from the textile department and from the Export Promotion Council/Trade to ensure expeditious examination and speedier disbursal of drawback on carpets. The Directorate General of Export Promotion (DGEP) said these experts will complete a market inquiry within fifteen days, failing which export benefits to the exporters should be extended. The government said a post-facto action may be taken in view of results of inquiry and export benefits be held beyond 15 days only with the written approval of the Commissioner. It also underlined that exports will not be stopped. The board “had also provided a list of members of Carpet Export Promotion Council (CEPC) whose assistance can be taken when Customs ...

Aamir H Kaki Mahavir Pratap Sharma, Chairman, Carpet Export Promotion Council (CEPC), said on Monday that they are expecting a business of a few thousand crore rupees at the 33rd edition of India Carpet Expo (ICE). “We are hoping to generate a lot of business from this edition of ICE. This is one of our bi-annual events and I personally feel that New Delhi is easy for buyers to come. The previous edition was held in Varanasi last year. We have a great list of exhibitors and are expecting business generated would be in a few thousand crores,” he said. “There are more than 300 exhibitors exhibiting their products at the ICE from across the country,” Sharma told The Dollar Business when ...

 The Dollar Business Bureau The 31st edition of Indian Carpet Expo, organised by Carpet Export Promotion Council(CEPC), ended on Monday after having showcased Indian weaving skills amongst overseas carpet buyers. The four-day expo that was inaugurated by Union Textiles Minister, Santosh Kumar Gangwar, on March 11, 2016 at NSIC Exhibition Complex, Okhla Industrial Estate, New Delhi, showcased products from 270 reputed small, medium and large manufacturer exporters across the country. The Expo is said to have generated over Rs 260-300 crore of business mainly from 410 foreign carpet buyers from 58 nations, according to CEPC. “Expo will lead to opening up of new market opportunity for the industry and will help small and medium Indian carpet exporters in promoting their products in ...

Source: PTI As China went ahead with its economic corridor project with Pakistan through PoK disregarding India's objections, a Chinese think tank in a rare criticism on Wednesday cautioned the government to exercise "prudence" in pushing Silk Road projects. In an article titled “China must tread lightly with its 'one belt, one road' initiative” in the South China Morning Post on Wednesday, Shi Yinhong, a professor of international relations and strategic studies at China's Renmin University specially referred to the Bangladesh-China-India-Myanmar Economic Corridor (BCIM), the China-Pakistan Economic Corridor (CPEC) and the Maritime Silk Road (MSR). “Above all, prudence is required in dealing with the problems that may arise during the initiative, as well as with regard to other strategic projects including ...

Vanita Peter D’souza| The Dollar Business Santosh Kumar Gangwar, Minister of State for Textile in the presence of Dr. Sanjay Kumar Panda, Secretary Textile and Samir Kumar Biswas, Development Commissioner (Handicrafts), checking carpets at the Indian Carpet Expo conducted by the Carpet Export Promotion Council (CEPC) on March 27, 2015, at Pragati Maidan in New Delhi.   To showcase the weaving skills of Indian hand-knotted carpet artisans amongst the overseas carpet buyers, Carpet Export Promotion Council (CEPC) had launched the 29th Edition of India Carpet Expo on March 27, 2015, in New Delhi. The expo was inaugurated by Santosh Kumar Gangwar, Minister of State for Textile in the presence of Dr. Sanjay Kumar Panda, Secretary Textile and Mr. Samir Kumar Biswas, ...